TRULS HESTESERVICE AS

3442 HYGGEN

Finances

Share Ownership

Return on Equity

33,58 %

Current Ratio

0,44

Debt-to-Equity Ratio

−2,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	868 000	1 023 000	866 000	942 000
Net Income	−45 000	10 000	7 000	−137 000
Total Assets	375 000	483 000	396 000	487 000
Total Equity	−134 000	−89 000	−106 000	−113 000

Income (NOK)	2022	2021	2020	2019
Revenue	868 000	1 023 000	866 000	942 000
Expenditure	893 000	999 000	841 000	546 000
Operating Profit	−25 000	24 000	25 000	−114 000
Financial Income	0	3 000	1 000	2 000
Financial Costs	21 000	17 000	13 000	25 000
Financial Balance	−21 000	−14 000	−12 000	−23 000
Earnings Before Tax	−45 000	10 000	13 000	−137 000
Tax	0	0	6 000	0
Net Income	−45 000	10 000	7 000	−137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	290 000	373 000	299 000	203 000
Total Current Assets	84 000	110 000	98 000	285 000
Total Assets	375 000	483 000	396 000	487 000
Total Retained Equity	−164 000	−119 000	−136 000	−137 000
Total Equity	−134 000	−89 000	−106 000	−113 000
Total Long-Term Debt	318 000	379 000	305 000	217 000
Total Current Debt	191 000	193 000	197 000	383 000
Total Equity and Debt	375 000	483 000	396 000	487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	868 000	1 023 000	838 000	942 000
Other Income	0	0	29 000	0
Revenue	868 000	1 023 000	866 000	942 000
Cost of Goods Sold	54 000	109 000	81 000	41 000
Salary Costs	565 000	589 000	422 000	200 000
Depreciation	83 000	68 000	53 000	34 000
Impairment	0	0	0	0
Expenditure	893 000	999 000	841 000	546 000
Operating Profit	−25 000	24 000	25 000	−114 000
Financial Income	0	3 000	1 000	2 000
Financial Costs	21 000	17 000	13 000	25 000
Financial Balance	−21 000	−14 000	−12 000	−23 000
Dividends	0	0	0	0
Net Income	−45 000	10 000	7 000	−137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	290 000	373 000	299 000	203 000
Total Tangible Assets	290 000	373 000	299 000	203 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	290 000	373 000	299 000	203 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	58 000	83 000	70 000	213 000
Total Current Assets	84 000	110 000	98 000	285 000
Total Assets	375 000	483 000	396 000	487 000
Total Equity	−134 000	−89 000	−106 000	−113 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	318 000	379 000	305 000	217 000
Creditors	19 000	19 000	13 000	24 000
Unpaid Taxes	61 000	58 000	62 000	299 000
Dividends	0	0	0	0
Other Current Debt	111 000	115 000	115 000	60 000
Total Current Debt	191 000	193 000	197 000	383 000
Total Equity and Debt	375 000	483 000	396 000	487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,58 %	−11,24 %	−6,6 %	121,24 %
Debt-to-Equity Ratio	−2,37	−4,26	−2,88	−1,92
Operating Profit Margin	−2,88 %	2,35 %	2,89 %	−12,1 %
Current Ratio	0,44	0,57	0,5	0,74
Quick Ratio	0,44	0,57	0,5	0,74
Equity Ratio	−0,36	−0,18	−0,27	−0,23
Gross Profit Margin	93,78 %	89,35 %	90,65 %	95,65 %